701 Cumberland Dr, Clarksville, TN 37040

$675,000
6,180
SqFt
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List Price
$675,000
Status
ACTIVE
Days on Market
162
Price Change
▼ $24,995 1776848811
MLS#
3132629
Subtype
Residential Income
Year Built
1941
Living Area
6,180
Subdivision
Elder
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615-306-2621

Property Description

Almost all units have been renovated and the rent has been raised. Over $75,000 in annual operating gross income. Tenants either pay utilities separately or pay a monthly fee to cover any master meters. Tenants also pay a monthly laundry fee to use the laundry building. 10 total units across both buildings with the separate laundry building. There is potential to continue to raise the rents in place. One building has 6 units and the other has 4 units.All one bedroom one bathroom units with one studio apartment.

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Additional Information

Zoning
R2
Exterior Construction
Frame
Stories
2
Parking Features
Gravel
Elementary School
Norman Smith Elementary
Middle School
Richview Middle
High School
Clarksville High
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Listing courtesy of Bradford Real Estate.

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